Access Sales & Spares buyers alert – News for the consumer

Personal Property Securities Register Information – Need to Know

The Personal Property Securities Register (PPSR) is the register where details of security interests in personal property can be registered and searched. The Insolvency and Trustee Service Australia (ITSA) is the Australian Government agency responsible for administering the PPSR.

Personal property is any form of property other than land, buildings or fixtures which form a part of that land. It can include tangibles such as cars, art, machinery and crops; as well as intangibles such as intellectual property and contract rights. A personal property security is when a secured party takes an interest in personal property as security for a loan or other obligation, or enters into a transaction that involves the supply of secured finance. An example is when a person borrows money from a bank and offers it as collateral or security for the loan. The bank's interest over the collateral is a personal property security.

The PPS Register enables lenders and businesses to register their security interests. Secured parties, buyers and other interested parties can search the PPS Register to find out if a security interest is registered over the personal property.

Buyers need to make sure that the personal property they are buying does not have a security interest over it. For example, if you buy a car that still has money owing on it; the car could be repossessed by the person who lent money against it. Buyers will be able to search the PPS Register to see if there are any security interests over personal property they want to buy.

The national register is intended to better help Australian businesses and consumers to ensure that property they buy doesn't have a security interest over it, to make secured financing more accessible and to lower transaction costs.

Access Sales & Spares we feel strongly about knowing your rights and responsibilities. We also believe it is our duty, where possible to inform our customers of important information that may affect them. Access Sales & Spares recommends that you take a minute learn more about this government initiative in order to determine if this relates to you or somebody you know.

Selection Guide

It’s important for you to select the right access equipment for the job. Below are some considerations & terms to help you in your selection.

On the Job:

What kind of work you need to do? Think about you primary tasks, the sorts of duties that you undertake and what type of elevation would best work for your needs, i.e. directly underneath ceilings or up and over to reach roof tiling, etc…

Working Height:

The maximum height at which you need to work is a very important consideration, as often, this is overlooked and through the lack of better service assistance when making an elevated work platform purchase, the incorrect lift is decided on by the customer, meaning there can be added cost for no benefit, or the lift simply does not meet the necessary working height requirements of the operator.

Platform Height:

Subtract six (6) feet from the working height to arrive at the maximum platform height of an elevated work platform. All heights listed against machines within this website contain the maximum platform height as well as the working height.

Over-Reach:

Can you place the machine directly below the work area or are there obstacles that require equipment capable of reaching over or around them?

Platform Size/Capacity:

Does the job require you to lift only personnel & tools, if so how many must be elevated at any one time? or is there a need for materials to be elevated as well? The size & weight of your load must be matched to the platform size & capacity of the equipment that will be an available option for you.

Moving:

Does the job require you to move from place to place frequently? If so, is it practical to be in and out, on and off the machine throughout the duration of the job? …a self-propelled lift may be required.

Ground Level Factors:

Are you working on a smooth slab or on rough terrain? Is the surface level & firm?

Are there any weight restrictions on the surface? Are you restricted to a specific fuel type due to hazard, a lack of ventilation, or other environmental concerns? Is electric power available at the site? Do you have complete access to your work site? Dimensions of building entrances, doorways, ramps & obstacles need to be considered. Does the site have a freight dock or ground level entrance?

Once you have taken a short moment to consider these, you will find that you now have a much better understanding of which type of machine would suit your requirements… or it may have prompted you to reconsider your options. If this has

We understand that there may be many contributing factors that affect what may be a workable outcome for your specific requirements and making the right decision the first time can be a worry. If you want to get some professional advice or wish to discuss a complete solution, give us a Call us on (03) 9312 3835 or leave us your details via our Contact Us page and we’ll get back to you.